Cement Net Weekly Report: Cement Price Index in the 3rd Week, the Off-season Characteristics of the National Cement Market Before the Festival Highlight the Weakness of Supply and Demand, and the Pric

On January 23, the National Cement Price Index (CEMPI) closed at 99.62 points, down 0.87% annually and 18.12% year-on-year. On January 23, the Yangtze River Basin Cement Price Index (YRCEMPI) closed at 90.66 points, down 1.38% from the previous month.

This week, the national cement market as a whole entered the pre-holiday off-season operation stage, affected by low temperature weather, project completion and Spring Festival travel rush, all regions showed a pattern of weak supply and demand, prices remained stable as a whole, with partial differentiation adjustment. In the north, North China, Northeast China and Northwest China, the off-season characteristics are significant, the snowfall in Beijing, Tianjin and Hebei has led to a significant decline in demand, the production and sales in Northeast China have basically stagnated, and the supply and demand in Northwest China have slowed down synchronously; in the south, central and southern China, Guangdong and Guangxi, the local demand has been pushed up well, but in East China, central and southern China and Southwest China, the demand has generally weakened due to the low temperature, rainy weather and the return of Spring Festival travel rush. The overall industry market is running smoothly, and it is difficult to show obvious fluctuations before the festival.

On January 23, the national clinker price index (CLKPI) closed at 108.78 points, down 1.04% from the previous month.

Figure 1: Trend of cement price index (point)

Figure 2: Trend of clinker price index (point)